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A business plan helps you define how much money you will need, how you will earn it, and how you will spend it. You will need a business plan if you apply for loans or grants to start your business. A business plan usually includes a description of your business, information about the families you plan to serve, a needs assessment, operating policies and procedures, your marketing plan, your management plan, and your budget.

  • Preparing a budget. A budget is a realistic plan that shows the income and expenses you expect to have.
  • Insurance. Insurance policies protect you and your business investment both professionally and financially
  • Marketing. Marketing helps your child care program stand apart from other programs.

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